Madhya Bharat Agro Products Limited — Investor Meet, 14-10-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Madhya Bharat Agro Products reported strong Q2 FY26 results with revenue up 62% YoY to ₹450 Cr and PAT up 120% to ₹31 Cr, driven by record fertilizer production and sales volumes of SSP and NPK. H1 revenue grew 80% to ₹860 Cr, with PAT up 132% to ₹59 Cr, reflecting operational efficiencies. Management sees a constructive Rabi season, expecting H2 performance similar to H1. The company is actively expanding, with projects in Sagar (commissioning March 2026) and Dhule (October 2026) significantly boosting DAP/NPK and SSP capacity, funded by debt and internal accruals. Strategic sourcing of Green Ammonia supports sustainability and reduces import dependency. Management expresses confidence in continued growth through innovation and market demand.